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Worcester
7 Cole Ave
$490,000
● House - Off Market

7 Cole Ave

Sutton, MA 01590
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,773 Ft²
$478,591
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

OFFER ACCEPTED, OPEN HOUSE PREVIOUSLY SCHEDULED FOR 6/18 IS CANCELLED Sutton Gem!!  Beautiful home with loads of character on quiet ended way offers charming features such as wide pine floors, a large front to back country kitchen featuring hearth and fireplace with wood stove. Abundant windows in eat-in kitchen bring natural lighting all day long! Flexible, four-bedroom home offers. private, fenced yard, 3 bedrooms on second level and one bedroom on main level, great for use as home office! Many recent home improvements include roof, boiler, siding, large rear deck, water filtration system and brand new vinyl fencing! There is a large shed in rear of property for extra storage. Don't miss this opportunity to live in Sutton!!!
Unit Size
1,773 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$271
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1804

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73122618)

Price History

Date / Event Date Event Price
Jul 20, 2023 Sold
Premium
Sold
Jun 16, 2023 In contract -
In contract
Jun 8, 2023 Listed by Mattson Properties, LLC $479,900
Listed by Mattson Properties, LLC
Apr 14, 2022 Sold
Premium
Sold
Feb 22, 2022 Listed by Mattson Properties, LLC $449,900
Listed by Mattson Properties, LLC
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1804
  • Effective Year Built: 1804
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 27
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,180
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,773
  • Gross Building Area: 3,475
  • Building Area: 1,773
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,773
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sutton School District
  • School Tax School District: SUTTON SD
  • Census Tract: 751102

Zoning

  • Zoning: R1

Geography

  • Parcel: SUTT M:0016 P:127
  • Municipality: SUTTON
  • Latitude: 42.153
  • Longitude: -71.7622

    Address

  • Full Address: 7 Cole Ave
  • Address - House Number: 7
  • Address - Street Name: Cole
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Sutton
  • Carrier Code: R006
  • 4-Digit Zip Code: 1829
  • Zip Code: 01590

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $556,700

    Appraisal Valuation

  • Standard Deviation: 0.2335
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 492,925
  • High Value: 608,036
  • Low Value: 377,815

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $439,000
  • Assessed Land Value: $98,700
  • Assessed Improvements Value: $340,300

    Sales

  • Current Sale Contract Date: Jul 20, 2023
  • Current Sale Recording Date: Jul 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 58376
  • Previous Sale Recording Date: Apr 14, 2022
  • Previous Sale Contract Date: Apr 14, 2022
  • Previous Sale Amount: $449,900
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2426 ft²

Average Home Age

63.1 years

Currently For Sale

1941 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73122618

Frequently Asked Questions

When was property at 7 Cole Avenue built and last sold?
The property at 7 Cole Avenue was built in 1804 and last sold on Jul 20, 2023 for $490,000.
How much is this home worth?
The estimated value of the home located at 7 Cole Avenue is $471,751.
What are some comparable homes to 7 Cole Avenue?
There are currently no comparable homes to 7 Cole Avenue.
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